Normally this newsletter would be concerned with events in the wider world. But right now I just have to write about the shocking death — reportedly by suicide — of my former Princeton colleague, the economist Alan Krueger, at the age of 58. I thought I knew Alan reasonably well and never saw a hint that something like this might be coming. What I can talk about is Alan’s work and why it mattered so much to other economists, myself very much included. Alan’s most influential, paradigm-shifting work was his 1992 study with David Card on the effects of minimum-wage increases.

Source: New York Times March 19, 2019 18:45 UTC